Eagle Property Capital Secures $100 Million Acquisition Loan With Fannie Mae For Multifamily Assets
Florida
See Similar DealsEagle Property Capital Secures $100 Million Acquisition Loan With Fannie Mae For Multifamily Assets
5820 Nature View Drive & 5953 Curry Ford Road
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The transaction involves multifamily assets located at 5820 Nature View Drive and 5953 Curry Ford Road, situated in the Windermere and Orlando markets. The properties comprise a total of 642 units with a loan amount of $100,000,000 processed through Fannie Mae. The loan includes a seven-year fixed-rate acquisition element for Windermere and a five-year fixed-rate refinancing component for Sunset Place.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $100,000,000
- Locations: 5820 Nature View Drive, Windermere; 5953 Curry Ford Road, Orlando
- Asset Units: 642
- Lender: Fannie Mae
- Landlord: Eagle Property Capital
- Loan Type: Acquisition/Refinance
- Loan Terms: Seven-year fixed-rate for Windermere, five-year fixed-rate refinancing for Sunset Place
The brokers involved in this transaction are Mitch Sinberg, Brad Williamson, Matthew Robbins, Scott Wadler, and Abigail Beauchamp, all affiliated with Berkadia. This team facilitated the acquisition and refinancing processes, representing Eagle Property Capital in securing the necessary financing for the properties.
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